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Not sure what to do now out JDST again!!
Have to wait and see!!
Made today so far $1900.00 $900.00 JNUG and $1,000.00 JDST!!
I have a bad feeling about JNUG!! Dropping to $16's or so again!!
GLTA
ID
JNUG trigger stop at $18. 08
ID
Out JDST and in JNUG at $18.12
ID
Sold at $18.30!!! Bought JDST at $23.45!!
GLTA
ID
No intrigued for the possibilities!!
GLTA
ID
Oh well can always wish!!
GLTA
ID
For a first post on this board WELCOME if it is TRUE!!
GLTA
ID
Almost to good to be true!!
GLTA
ID
I would love it to be this MSC company!!!
http://www.mscdirect.com/corporate/about-msc
GLTA
ID
read THAT COLUMN!!! Man READ!!!!
ID
Not bad for 2013
EASY!! SEE BELOW!!
Been here a long time!! since Sept 2010!! You only since Feb 2011!!
The major reason this will go down or LIKELY go down is that the market cap was $64 million with O/S of 55 million now we know O/S is 65 million so this now or should go back to that $1.00 range again to place market cap the same!!
I hope I am wrong for all longs!! But unlikely since no real GOOD news was found in 10-K!!
GLTA
ID
They have about $20 million less what this quarter costs by June 30, 2014 if they burn another $13 million more dilution coming!!
GLTA
ID
I am hoping she opens around $18.20-30 could go as high as $18.40!! tomorrow AM and will Sell JNUG and rebuy JDST again at about $23.40!!
Love these charts!!
GLTA
ID
Thanks for sharing!!
I always appreciate your posts good or bad!!
Hope he says something VERY GOOD not puff and fluff!!
GLTU
ID
Are you going to play the trade?? Would love to see you say you bought some shares!!
Do not wait to long!!
GLTU
ID
Golden cross about to happen!! Looks like $0.07-0.075 will happen just from CHART!!
Any good news and this goes to $0.10!!!
http://stockcharts.com/h-sc/ui?s=KBLB&p=D&b=5&g=0&id=p90270224359&a=301730548
GLTA
ID
They did one R/S in Sept 2013 I am not sure people would like another R/S this year again!!
So they need SOMETHING positive to move PPS well above $1.25 to cash these warrants out for money to company!!
That is what I think they will do in next 1-2 quarters!!
But until then watch this bleed down!!
When they are burning each quarter more than they are getting back!!
GLTA
ID
The N warrant overhang is min as only about 2.5 million shares!!
The S warrant overhang is WAY more problematic as it stifles any PPS above $1.25 with 25 million plus shares!!!
GLTA
ID
To many negatives!!
1) 13 million loss for this quarter with now 10 million end Quarter and another say 10 million in offering!!
at this rate they will need more money by end of June-July!!
2)Also O/S up to now 65 million!!
3)Also S warrants are another 25 million if exercised at $1.25!! That is NOT GOOD!!
This is going to go down again!! I hope my $0.80 buys come through!!
But need to keep PPS above $1.00 or goes to OTC!! or R/S coming in future!!
GLTA
ID
Yes I was did not think it would tank!!
But not this time!! With more debt gone and more warrants exercised this time watch for a HUGE uplift this time!!
GLTA
ID
Sold JDST and re-bought JNUG!!
10 min chart in reversal again!! MFI!! Over sold!
http://stockcharts.com/h-sc/ui?s=JNUG&p=10&b=6&g=0&id=p76135331546
I hope she goes up for tomorrow if not will avg down tomorrow!!
GLTA
ID
If you got money just hold off for a few days yet maybe even into next week!!
I truly believe $9's will hit and then BOOM off to the races!!
Hope not for some but again this will hit $20's yet after Q2!!!
GLTA
ID
If she goes up no problem but as per chart likely up and then down again!!
This one I do not trade to much!!
I got long shares in from $2.40-50 yet and want to hold those till Nov Dec at the very least!!
But will add if she goes into $9's!! If not no sweat for me!!
GLTA
ID
Made $1,000.00 again today and looking good for JDST to make more loving these ups and downs!!
GLTA
ID
I would not be shocked that this goes into high $9's yet!!
As this was more dilution!!
I have a HUGE buy in at that level!!
For me I would LOVE ONE MORE BUY YET!!
GREEDY!!
GLTA
ID
I would love another 1 million warrants exercised!! Before month end!! or more!!
GLTA
ID
What pisses me off as these guys get these warrants for NO MONEY DOWN!!
I guess someday I hope to give bankrupt companies money and reap the rewards!! HUGELY!!!
GLTA
ID
On your 3 points
One-if you look at post from my previous post there is an increase and this is how they arrived the number on warrant adjustments from Q1! from page 15!
Revised My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $0.88!!!! as of May 11, 2014!!
......................................................................................................... Three Months Ended.......Three Months Ended........Three Months Ended
......................................................................................................... December 31,2013..........March 31, 2014...........June 30, 2014(estimate)
Net sales.................................................................................................... $ 215,290...............$254,543....................$280,000
Cost of goods sold.......................................................................................... 193,694............... 215,998......................242,000
Gross profit (loss)............................................................................................. 21,596..................38,545........................38,000
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................33,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(10,148) (5.5M down to 4.0M gives adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $15.75 if higher then less of an effect) See last post for this value!!
Interest expense, net......................................................................................... (3,688)................. (4,351).......................(2,000) (As per CC)
Loss on extinguishments of debt........................................................................ (1,240)....................—................................—
Other expense, net................................................................................................ (31)....................(227)...........................(200)
Income (loss) before provision for income taxes..................................................... 9,745..................(5,547)........................21,452
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................18,252
Net (income) loss attributed to noncontrolling interest in variable interest entity........ (1,152)................ (2,009)........................(2,000)
Net income (loss) attributed to Pacific Ethanol.................................................... $ 8,593..............$ (10,826).......................16,252
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 15,852
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69)....................$ 0.88
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
GLTA
ID
Revised!
Since that takes out another 800,000 shares on Warrants or $5 million less in money where would that go on my chart for projection of net profit??
Would that be positive or negative??
My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $0.60!!!! as of May 11, 2014!!
......................................................................................................... Three Months Ended.......Three Months Ended........Three Months Ended
......................................................................................................... December 31,2013..........March 31, 2014...........June 30, 2014(estimate)
Net sales.................................................................................................... $ 215,290...............$254,543....................$280,000
Cost of goods sold.......................................................................................... 193,694............... 215,998......................242,000
Gross profit (loss)............................................................................................. 21,596..................38,545........................38,000
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................33,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(15,268) (5.5M down to 4.9M gives adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $15.75 if higher then less of an effect) See last post for this value!!
Interest expense, net......................................................................................... (3,688)................. (4,351).......................(2,000) (As per CC)
Loss on extinguishments of debt........................................................................ (1,240)....................—................................—
Other expense, net................................................................................................ (31)....................(227)...........................(200)
Income (loss) before provision for income taxes..................................................... 9,745..................(5,547)........................16,332
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................13,132
Net (income) loss attributed to noncontrolling interest in variable interest entity........ (1,152)................ (2,009)........................(2,000)
Net income (loss) attributed to Pacific Ethanol.................................................... $ 8,593..............$ (10,826).......................11,132
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 10,732
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69)....................$ 0.60
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
GLTA
ID
The changes in the Company’s fair value of its Warrant inputs were as follows (in thousands):
Notice as of May 11, 2014!!
$4,769,420.00 made so far in Warrants exercised!!!
Company’s warrants as of March 31, 2014 were 5,548,000
A summary as of May 8, 2014 of outstanding warrants, which the Company recorded at fair value, with a weighted-average exercise price of $7.57, is as follows:
Issuance Date Expiration Date Exercise Price Warrants Outstanding
06/21/2013 06/21/2015 $7.59 1,051,000
03/28/2013 03/28/2015 $7.59 296,000
01/11/2013 01/11/2018 $6.32 813,000
09/26/2012 09/26/2015 $8.85 1,639,000
07/3/2012 07/03/2017 $6.09 830,000
12/13/2011 12/13/2016 $8.43 281,000
4,910,000
So 03/28/2013 03/28/2015 $7.59 296,000 from 788,000 was 492,000 sold for cash of $3,734,280.00
So 07/3/2012 07/03/2017 $6.09 830,000 from 976,000 was 146,000 sold for cash of $889,140.00
Therefore 638,000 warrants were exercised!!
For total cash on converted shares = $4,769,420.00
GLTA
ID
Well another $16 million bites the dust!!